So maybe Romney could avoid realizing capital gains for a couple of years, live off liquidating unappreciated stocks and investments in tax-free municipal bonds, and declare himself a member of the 99%. That would undoubtedly make Reid and Obama appreciate him more.

4:45 pm January 25, 2012

Obama is an Incompetent wrote:

Love when Senate Dems attack Romney for paying $6 million in taxes over last two years. Will John Kerry, Jay Rockefeller, and Mark Warner be joining in? If so, can we see how much these three paid in taxes for the same two years and at what rate? All are worth tens of millions of dollars and likely have similar earnings on investment income and similar tax rates.

Thanks to President Obama, let's demand to see the tax rate paid for every US Senator and COngressman so we can attack them all!

5:16 pm January 25, 2012

Mittfloppin' Romney wrote:

With all this criticism, don't be surprised if Mittens doesn't flip-flop and pay MORE taxes just to meet the need-of-the-day.

A backbone of warm jello has Mittens.

5:19 pm January 25, 2012

press-flat wrote:

It is not a good year to be a Robber Baron or even to get most of your money from them....which applies both to Romney and Obama.

6:09 pm January 25, 2012

JD wrote:

How about an "Obama Rule" that says that people who propose punitive rules are ineligible for public office?

7:28 pm January 25, 2012

ModeratePoli wrote:

If there was no existing special rule for capital gains and dividend, anyone introducing it would be hard-pressed to justify it. If there's not justification now, it should be gone. I don't mind naming the change after Buffett or Romney or Kerry, or you could call it the Tax Equality Rule--equal taxation on all income at this level.

Hat's off to ModeratePoli--I appreciate real and informative political discussion, which is rare in this day of political diatribe and self-serving disinformation. Check Spitzer's 02/08/12 op-ed today for more.

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Washington Wire is one of the oldest standing features in American journalism. Since the Wire launched on Sept. 20, 1940, the Journal has offered readers an informal look at the capital. Now online, the Wire provides a succession of glimpses at what’s happening behind hot stories and warnings of what to watch for in the days ahead. The Wire is led by Reid J. Epstein, with contributions from the rest of the bureau. Washington Wire now also includes Think Tank, our home for outside analysis from policy and political thinkers.